CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

USA500 Analysis

US Session Analysis for CFD Instruments 06/12/2021

Fundamental analysis

06 December, 2021

U.S. stock futures rose on early indicators that Omicron may be causing milder illness than previously feared, while bitcoin and other cryptocurrencies edged up from weekend lows. Futures tied to the S&P 500 climbed 0.5% Monday, suggesting the broad-market index may regain some ground, after closing down 0.8% Friday. Dow Jones Industrial Average futures added 0.7%, while Nasdaq-100 futures edged up 0.2%.

In recent days, markets have swung on conflicting signals from scientists and vaccine makers regarding the severity of the Omicron variant and how well existing vaccines may work against it. It still may be weeks before a more definitive picture forms. Some positive news emerged over the weekend, boosting market sentiment. A small study of people hospitalized from Omicron in South Africa found a pattern of milder illness than in previous waves of Covid-19, though scientists cautioned that it was too early to say for sure.

Technical analysis

USA500 Analysis Technical analysis 06/12/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 06/12/2021

Support & Resistance Level Explanation
Resistance 2 4611.53 Daily R2
Resistance 1 4584.34 Daily R1
Support 1 4511.82 Daily S1
Support 2 4484.63 Daily S2

USA500 Indicator Table - 06/12/2021

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Buy

USA500 Indicator / Period Table - 06/12/2021

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell NeutralBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellBuy

USA500 06/12/2021 - Reference Price : 4548.08

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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